Universe Pharmaceuticals IncUniverse Pharmaceuticals acquires five pharmaceutical patents covering age-related and neurodegenerative diseases, broadening its pipeline.

Universe Pharmaceuticals has agreed to acquire Best Praise International Limited for approximately US$10.75 million, gaining five pharmaceutical patents in China. The purchase will be paid entirely with 4,376,552 Class A ordinary shares of Universe Pharmaceuticals. The patent portfolio covers age-related diseases, neurodegenerative conditions, cognitive disorders, cardiovascular applications, antibacterial compounds, and drug delivery technologies. CEO Gang Lai said the acquisition broadens the company's pipeline and supports long-term growth, complementing its focus on elderly healthcare. The deal, approved by Universe's board, is expected to close in the third quarter of 2026.
Universe Pharmaceuticals IncUniverse Pharmaceuticals acquires five pharmaceutical patents covering age-related and neurodegenerative diseases, broadening its pipeline.